Here are some of the latest news and price updates about LINK:

Chainlink’s LINK Soars, Outperforming Other Crypto Majors1: The LINK token from Chainlink is soaring more than 10% Monday amid new partnerships with traditional financial institutions. LINK climbed to $6.83 on Monday, gaining just over 10% over the past 24 hours, outperforming the wider crypto market. Bitcoin also gained on the day by 3%.

Chainlink could face increased selling pressure as $100 million worth of LINK tokens hit exchanges2: Chainlink’s supply on exchanges has climbed with 18.75 million tokens hitting centralized exchanges like Binance.

This represents $100 million worth of LINK tokens, which could create considerable selling pressure on Chainlink and a likely decline in the asset’s price.

Chainlink Staking Program Quickly Pulls in $600M, Hitting Limit; LINK Jumps 12%3: The price of LINK was up by 12% over the past 24 hours to $16.72, according to CoinDesk data.

Overall, the expanded staking pool capacity is 45 million LINK, up from 25 million under v0.1, a figure that includes the community pool allocation as well as a separate node operator pool.

As for whether LINK is a good choice for investing, that depends on your risk appetite, time horizon, and investment goals.

Chainlink is a promising project that aims to bridge the gap between blockchains and the real world, but it also faces competition, regulation, and market volatility.

You should do your own research and due diligence before making any investment decisions. I cannot give you any financial advice or recommendations.

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